The effective-interest method of amortization of bond premiums and discounts is considered superior to the straight-line method because it results in a(n)
A)interest rate that is close to the market interest rate.
B)uniform rate of interest.
C)more variable interest rate.
D)interest rate that increases or decreases slightly over time.

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The Answer of The effective-interest method of amortization of bond premiums and discounts is considered superior to the straight-line method because it results in a(n)
A)interest rate that is close to the market interest rate.
B)uniform rate of interest.
C)more variable interest rate.
D)interest rate that increases or decreases slightly over time.

The Effective-Interest Method of Amortization of Bond Premiums and Discounts